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Forex
USD/CHF depreciates to near 0.9100, possibly due to improved risk appetite
USD/CHF loses ground due to the improved risk appetite on Monday.
Fed is expected to maintain its current interest rate range of 5.25%–5.5% in June.
SNB…
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $27.39 per troy ounce, up 0.64% from the $27.22 it cost on Friday.
Silver…
Japan’s Top FX Diplomat Kanda: No comment on whether there was FX intervention
Japan’s top currency diplomat Masato Kanda is back on the wires on Monday, unwilling to comment again on whether there was FX intervention.
Additional…
ECB’s Wunsch: July rate cut is not a done deal
European Central Bank (ECB) policymaker Pierre Wunsch said on Monday that a “July rate cut is not a done deal.”
Additional quotes
We are going with at least…
Gold price bulls move to the sidelines as focus shifts to the crucial FOMC policy meeting
Gold price ticks lower on Monday amid hawkish Fed expectations and a positive risk tone.
A modest USD downtick helps limit the downside amid persistent…
AUD/JPY moves back and forth, Japan’s Kanda refuses to comment on intervention
The Australian Dollar loses ground after paring intraday gains on Monday.
Judo Bank chief economic adviser Warren Hogan predicts that the RBA might increase…
WiseTech Global Limited Elliott Wave technical forecast [Video]
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) WISETECH GLOBAL LIMITED – WTC. We have determined that wave (iv)-purple…
USD/INR extends its upside ahead of Fed rate decision
Indian Rupee trades in negative territory despite the weaker USD on Monday.
Analysts anticipate the RBI will continue to keep its policy rate steady at 6.5%…
Australian Dollar rises on bets of RBA increasing policy rate
The Australian Dollar appreciates, propelled by an increasing hawkish sentiment surrounding the RBA.
Australia’s Retail Sales could provide insight into…
Japanese Yen sinks below 160.00 against USD, lowest since 1986
The Japanese Yen dives to a nearly 40-year low amid relatively thin liquidity on Monday.
The divergent BoJ-Fed monetary policy and a positive risk tone…